NEAR Foundation will help to safely stop the operation of a stable USN coin. The project ceases its operations due to insufficient provision of stablecoin and high risks.
At the end of October, Huobi announced the exclusion of the HUSD stablecoin from its listing, after which the stablecoin quickly began to lose its peg to the dollar. The exchange's headquarters will also be relocated to the Bahamas.
NEAR Foundation will help to safely stop the operation of a stable USN coin. The project ceases its operations due to insufficient provision of stablecoin and high risks.
At the end of October, Huobi announced the exclusion of the HUSD stablecoin from its listing, after which the stablecoin quickly began to lose its peg to the dollar. The exchange's headquarters will also be relocated to the Bahamas.
As we wrote earlier, the creator of Terra, Do Kwon, was put on the international wanted list by Interpol thanks to the South Korean authorities. Also, by order of the Ministry of Foreign Affairs of South Korea, Kwon had to hand over his Korean passport.
Recently it became known that
A full-page bleed ad of Circle, the largest stablecoin issuer, appeared in the latest Economist volume.
The image depicts the U.S. Seal part of the one-dollar bill combined with USDC die cast seal designed by Mark Grambau. The advertising is matched with a large article about recent elections in
Against the background of the automatic conversion of a number of stablecoins to BUSD, the market share among all stablecoins of the BUSD token increased from 10.01% to 15.48%. FTX CEO announced in an interview about the possible launch of the company's own stablecoin.
